Or maybe financial aid does matter? Anyone here was accepted ED with financial aid? I applied for financial aid and got deferred, and I know a lot of great people here with great stats got deferred, perhaps because they applied for financial aid...
any comments? :?
haha voodoo sounds good to me. my mom tried to negotiate, especially with the athletic scholarships i was passing up other places, but the head of financial aid basically said, tough luck, take out some loans. plus since i applied ED, i'm financially committed.
ED isn't a complete financial commitment...you can pull out of it for financial reasons, I think. Still, I wouldn't be surprised if the RD acceptees get better aid packages because the aid will have to be very competitive with other colleges' financial awards. I guess that's one advantage to a deferral (go me!).
if you truly and honestly cannot afford it, surely you can tell them that you'll need more finaid or you can't attend. you aren't financially committed unless you signed the financial award acceptance letter, right?
the thing is, i want to go to pton so much that i would be willing to take out the loans to attend. :-/ i dunno about the committed thing. all i know is that the financial aid office indicated that i was committed, but it might've just been to try to keep me from trying to negiotate further
But that's a good thing! I mean, not for your pocketbook. Sad day for your pocketbook But still, lobby. Show them you won't give up without a fight. Maybe it'll just take until the RDers get their letters...*dons legal beanie cap and goes to work*
I want to go to Princeton badly too but I do feel bad that my parents have to pay $29K a year. New Jersey public school graduates are not required to work as part of their financial aid award so I plan on working during the summers to offset some of the expense. The bad thing about applying ED is that you have very little bargaining power. The RD acceptees can successfully negotiate a better package especially if they are holding offers from Harvard and Yale. I would much rather have the acceptance letter in my hand now than wait another four months.
Does it discourage anyone else that there is such a HUGE difference in acceptance rates between ED and RD? I mean, Pton is certainly taking ED applicants that are weaker than than some of the RD people they rejec with those sorts of numbers? Doesn't this tarnish Pton as an elite academic institution?
No, Yale, Stanford, Penn, Cornell, Columbia, Dartmouth have been doing it for years and most are still doing it with little effect to their reputation. Besides, Princeton used to be Early Action for a long while and with the Yale/Stanford switch, its presumable that Princeton isn't too far behind.
Remember that a lot of athletes and legacies apply ED. The fact that deferred candidates often make it in RD says something about the ED field.
It may be a bit easier to make it in ED, but not by much...